Concentric Balance Sheet Health
Financial Health criteria checks 5/6
Concentric has a total shareholder equity of SEK2.2B and total debt of SEK1.0B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are SEK4.3B and SEK2.1B respectively. Concentric's EBIT is SEK533.0M making its interest coverage ratio 12.1. It has cash and short-term investments of SEK724.0M.
Key information
46.1%
Debt to equity ratio
kr1.01b
Debt
Interest coverage ratio | 12.1x |
Cash | kr724.00m |
Equity | kr2.18b |
Total liabilities | kr2.13b |
Total assets | kr4.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P4X's short term assets (SEK1.7B) exceed its short term liabilities (SEK1.1B).
Long Term Liabilities: 0P4X's short term assets (SEK1.7B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: 0P4X's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 0P4X's debt to equity ratio has increased from 17.5% to 46.1% over the past 5 years.
Debt Coverage: 0P4X's debt is well covered by operating cash flow (61.2%).
Interest Coverage: 0P4X's interest payments on its debt are well covered by EBIT (12.1x coverage).